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  June 5, 2023 by Silk Road Briefing
  

  India: BRICS Now An Established Part Of Global Geopolitics & Trade

  The BRICS group of nations is no longer an alternative to other international associations, but a bulwark of global politics, External Affairs Minister of India Subrahmanyam Jaishankar stated on Friday (June 2).
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  June 5, 2023 by Silk Road Briefing
  

  Argentina Consolidates Belt & Road Membership With Construction Plans

  The Chinese and Argentinian governments have signed a cooperation plan to promote the construction of the Belt and Road Initiative, according to China’s National Development and Reform Commission (NDRC) in Beijing. The NDRC said that the plan will fully implement the significant consensus reached by leaders of both countries on promoting the high-quality development of[…..]
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  May 31, 2023 by Silk Road Briefing
  

  Expansion Of The BRICS New Development Bank

  Bank has lent US$33 billion to 96 BRICS infrastructure projects The BRICS New Development Bank (NDB) began its eighth annual meeting in Shanghai on Tuesday, with Russian Finance Minister Anton Siluanov outlining its development plans. The Shanghai-based NDB was established in 2014 by Brazil, Russia, India, China, and South Africa, and formally opened for business[…..]
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  May 31, 2023 by Silk Road Briefing
  

  Eurasian Central Banks: A Fragmentation of the Global Financial System is Already Happening

  Discussions taking place concerning replacement systems and digital currency usage in trade with the RMB Yuan at the core The Eurasian Economic Forum was held last week in Moscow, with discussions concerning the process of de-banking (disconnection from global payment systems) within the Eurasian region. Ksenia Yudaeva, the First Deputy Chairman of the Russian Central[…..]
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  May 29, 2023 by Silk Road Briefing
  

  Afghanistan Accepted Into China’s Belt & Road Initiative

  Agreement with Pakistan for Taliban’s involvement sealed in Islamabad with projects already underway China and Pakistan have agreed to extend the Belt and Road Initiative into Afghanistan, potentially drawing in billions of dollars to fund infrastructure projects in the sanctions-hit country, according to Pakistan’s Foreign Ministry. The agreement was reached in Islamabad on Sunday (May[…..]
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  May 29, 2023 by Silk Road Briefing
  

  China Increases BRI Investments Into Iran By 150%

  China’s Economic and Commercial Counselor of the Chinese Embassy in Tehran, Xu Qisong has said that China’s investment in Iran increased by 150% in 2022, according to the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA). Speaking in a meeting with TCCIMA Secretary General Bahman Eshghi on Sunday, Xu said the growth in investment[…..]
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  May 25, 2023 by Silk Road Briefing
  

  Russian President Putin To Visit China For International Belt & Road Forum In September?

  By Chris Devonshire-Ellis Russian President Putin has been invited to visit China to attend the 3rd International Belt and Road Forum for International Cooperation by Chinese President Xi Jinping, with the invite being extended during Xi’s visit to Moscow earlier this year.
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  May 23, 2023 by Silk Road Briefing
  

  All Agreements, Grants, and Initiatives Approved at the Central Asia–China Summit

  The Central Asian and Chinese governments approved US$3.72 billion in regional grants, signed 54 major multilateral agreements, created 19 new regional platforms and signed a further 9 multilateral cooperation documents. We highlight each of these regional development measures and discuss foreign investment potential.   
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  May 22, 2023 by Silk Road Briefing
  

  Turkiye’s Multilateral Trade with Central Asia: Current Situation and Future Prospects

  Overall growth with the proposed Turancez FTA a potentially significant major trade corridor boost    By Farzad Ramezani Bonesh with additional commentary by Chris Devonshire-Ellis Introduction With the collapse of the Soviet Union, the Turkish recognition of the independence of the newly created republics of Kazakhstan, Turkmenistan, Uzbekistan, Kyrgyzstan, and Tajikistan in 1991 was the[…..]
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  May 22, 2023 by Silk Road Briefing
  

  The China-Central Asia Summit: Agreed Financial Infrastructure Frameworks

  The China-Central Asia summit has concluded, with the event overshadowed in the West due to the G7 meetings in Hiroshima. In this article we provide details on what was agreed between the participants in terms of financial development architecture.